About Tax Genie
A comprehensive tax calculator designed to help individuals, traders, and self-employed professionals understand and plan their tax obligations.
Our Mission
Tax Genie was created to demystify the complex world of taxation and empower individuals to make informed financial decisions. Our comprehensive tax calculator provides accurate estimates for federal and state taxes across different income types, allowing you to visualize your tax burden and identify potential tax-saving opportunities.
Whether you're a salaried employee, an investor, or a self-employed professional, our calculator helps you understand how different income sources and deductions impact your overall tax liability. By providing educational resources alongside calculations, we aim to improve tax literacy and help users optimize their tax situations.
Key Features
- Federal income tax calculations
- State income tax for all 50 states
- Self-employment tax calculations
- Capital gains tax for investments
- Standard and itemized deductions
- Visual tax breakdown
- Personalized tax insights
- Auto-updating tax data
Data Sources & Updates
Our tax calculator relies on accurate, up-to-date tax information from official sources. We gather tax brackets, rates, deduction limits, and other tax data from the Internal Revenue Service (IRS) and state tax authorities to ensure our calculations reflect current tax laws.
The application automatically updates tax data at the beginning of each year to incorporate changes in tax brackets, standard deduction amounts, and other tax parameters.
Source: Manual initialization
Note: While we strive for accuracy, this calculator is provided for educational and planning purposes only. Tax laws and regulations can be complex and subject to change. Always consult with a qualified tax professional for advice specific to your situation.
How It Works
Enter Your Information
Provide your filing status, income sources, and state of residence.
Specify Income Types
Enter your salary, trading income, and self-employment earnings.
Choose Deductions
Select standard deduction or enter itemized deductions like 401(k), HSA, home office, etc.
View Detailed Results
Get a comprehensive breakdown of your tax obligations and potential savings.
Ready to Calculate Your Taxes?
Get a detailed breakdown of your tax obligations and discover potential tax-saving opportunities.
Start Now